Finance Minister Nirmala Sitharaman in her Budget Speech 2025 made announcements regarding the tax deducted at source (TDS) ...
TDS at a rate of 5% will only be withheld starting on April 1, 2025, if the total amount of insurance commission paid to an ...
Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...
New TDS, TCS rules 2025: Under the new provisions, senior citizens will be exempt from TDS on interest income up to ₹1 lakh per year.(Mint) The new income tax bill has changed the TDS (Tax ...
Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for applying for lower or nil rate of TDS deduction for FY 2025-26.